Current Book Value definition

Current Book Value means, in respect of a Rental ULC Vehicle at any time, its Original Book Value less accumulated Depreciation at such time.

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Current Book Value means, in respect of a Partnership Vehicle at any time, its Original Book Value less accumulated Depreciation at such time;

Current Book Value means the net book value of the leased plant or machinery immediately before the termination,

Examples of Current Book Value in a sentence

For each Settlement Period in which a Casualty in respect of one or more Leased Vehicles occurs, Funding LP shall deposit the insurance (including self insurance) payments in respect of such Casualty in an amount, equal to the Current Book Value of each such Leased Vehicle at the time of such Casualty, directly into the Master Vehicle Account as promptly as possible, and in any event, no later than the related Remittance Date.
If the Appraised Value of the Company as of the Value Date is 95% or more (but not more than 105%) of the Current Book Value of the Company as of the Value Date, then the cost of the appraisal shall be paid by the Member requesting the appraisal and the Book Value Price of the Departing Member’s Interest shall be the Sale Price.
Delivery of a Purchase Option Notice shall constitute a binding agreement of purchase and sale pursuant to which the Partnership shall sell to the General Partner and the Genera] Partner shall purchase from the Partnership the Partnership Vehicles for a purchase price (the “Option Purchase Price”) equal to the Current Book Value of the Partnership Vehicles as of the close of business on the day immediately preceding the date of closing (the “Repurchase Closing Date”) of the transaction.

More Definitions of Current Book Value

Current Book Value means (i) with respect to a Loan for Currently Owned Equipment and Inventory that is funded on or before October 31, 2003, the value of any item of Eligible Equipment and/or Inventory set forth in the asset valuation report prepared by Ernst & Young as of July 18, 2003 (the “EY Value”); and (ii) with respect to a Loan for Currently Owned Equipment and Inventory that is funded after October 31, 2003, the value of any item of Eligible Equipment and/or Inventory determined as the product of (a) the EY Value, multiplied by (b) a fraction in which (i) the numerator is 36, less the number of full or partial months after October 31, 2003 in which the Borrowing Request is made, and in which (ii) the denominator is 36 (i.e. a Loan requested in the sixth month after October 31, 2003 will have a Current Book Value of 30/36 of the EY Value).

Current Book Value means the current book value of the Company (taking into account its ownership of all Subsidiaries) as determined in accordance with GAAP as of the applicable Value Date less all Assumed Transaction Costs.

Current Book Value means, as of any date of determination, the sum of (a) the book value of the Company’s and the Guarantor’s receivables as of the end of the Company’s Fiscal Quarter ended immediately prior to such date of determination plus (b) the aggregate face amount of receivables sold by the Company and the Guarantors pursuant to Section 6.8(e) and outstanding as of the end of the Company’s Fiscal Quarter ended immediately prior to such date of determination.

Current Book Value means, as of any date of determination, the book value of an asset as of the end of the Company’s Fiscal Quarter ended immediately prior to such date of determination.

Current Book Value means, in respect of a Rental ULC Vehicle at any time, its Original Book Value less accumulated Depreciation at such time. “DBRS” means DBRS Limited, and its successors.

Current Book Value means, in respect of a Rental LP Vehicle at any time, the Original Book Value of such Rental LP Vehicle less accumulated Depreciation of such Rental LP Vehicle at such time.